Africa-Press – Angola. The Central de Balanço, created in 2021, was appointed by the executive director of the National Bank of Angola (BNA), Miguel Bartolomeu Miguel, as a digital channel that motivates national and foreign businessmen to invest more and more in the country.
According to the official, who was speaking at the workshop on “Compilation of the Central Balance Sheet and its importance”, the motivation for the investment is due to the fact that the digital platform offers a wealth of financial statistics on the real sector of the economy.
For Miguel Bartolomeu Miguel, the content of the Central de Balanço helps sustain businessmen’s investment analysis.
In this way, he said that it is possible to provide sufficient “ingredients” for understanding the economic dynamics in any sector, aiming at the competitiveness of companies and their respective sustainability.
He stressed that, for central banks to fully develop, they must have a set of information on the financial sector that is complemented with other statistics on the non-financial sector, captured by the Central Balance Sheet.
In turn, the governor of the BNA, Tiago Dias, added that this means helps in decision-making, in particular monetary policies.
The official underlined that the Central Balance Sheet also contributes to a better understanding of the economic and financial situation of the companies, as well as absorbing the resources of the financial system and its capacity, as well as honoring the commitment.
Created in 2017, the digital platform was approved in 2020, with the first data publications starting in March 2021.
Additionally, it relies on the collaboration of three partners, namely the General Tax Administration (AGT), the National Statistics Institute (INE) and several companies.
The Central de Balanço, of the National Bank of Angola (BNA), contains statistical information on 930 construction companies, 250 transport companies, 43 in the beverage industry, 73 in communication and information, with those from the oil and trade industries to be included by the end of this year.
The workshop on “Compilation of the Central Balance Sheet and its importance”, promoted by the BNA, was lectured by the Spaniards Manuel Ortega and Alfredo Maldonado, heads of the Business Groups and Studies Unit of the Bank of Spain and the Central Balance Sheet Division of Spain, respectively.
Among various subjects, the lecturers passed on the information that the certification of the companies’ statistical data and the respective suitability are mandatory in Spain, and the absence of the same would cause the blockage in the financing and other benefits of the missing company.
For More News And Analysis About Angola Follow Africa-Press